Trisha Brown
Averett University
Jacksonville Florida based CSX Corporation, along with its subsidiaries leads as one of the top transportation providers. Services that CSX offers is traditional rail services and transportation of containers and trailers as well as trucking and logistics services.
CSX was started 32 years ago as a result of the 3 major railway companies that consisted of Baltimore & Ohio (B&O), Chesapeake & Ohio and Richmond, Fredericksburg & Potomac railroad to merging to create a more efficient transportation system along the eastern seaboard. In addition to transportation, CSX also offers information technology applications and support services. This technology aids in the efficiency of data resource management, scheduling, tracking and monitoring freight. The following will offer some background on CSX’s SWOT, its core values, vision code of ethics types of jobs it offers and other pertinent information about the company.
SWOT ANALYSIS
Strengths
1) Strong name brand and performance 2) Consistent financial performance 3) The strong management team within the company that controls all the work efficiently
Weaknesses
1) The company is more dependent and relies on the labor force which decreases in their efficiency. 2) CSX is experiencing the lack in the scale as compared to its competitors 3) CSX has a very weak level of performance among the divisions made by the company in various sectors and allocations.
Opportunities 1) Growth and expansion in North America where there is a lot of interest in the development of vehicle market. 2) The decrease in the process of fuel is very much advantageous for the company to increase its profitability and growth rate margin 3) Shortage of truck drivers in the market
Threats
1) Rising fuel prices 2) Aggressive competition 3) Economic slowdown in the U.S.
Company Profile
Serving a variety of population
References: CSX: How Tomorrow Moves. (2012) Retrieved from: http://www.csx.com/wwwcsx_mura/index.cfm Chabbi, D. (2012), CSX, Inc., the SWOT Analysis http://www.csx.com/index.cfm/about-csx/powered-by-principles/